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2.
1. A feeling of yearning for a time in the past, even though you may never have experienced that time yourself.

2. Thinking the past was better than it was, simply because your future hasn't turned out the way you wanted it to.
"Whenever I hear 'Piano Man', I get the weirdest wave of fauxstalgia..."

Looking through her highschool yearbook, Nancy suddenly became fauxstalgic.
by Sameta2 August 20, 2007
 
1.
Faux nostalgia. Faking old things in an attempt to recapture the feeling of times gone past, especially of technology that has passed.
Hipstamatic pictures, just like the vinyl-static added to digital recordings, is prime fauxstalgia
by scotte61 December 14, 2010